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rallyjon
thanks for that web address
Yes I could see moving the age to 70. I am 56 this year and do not feel old. The only drawback is that most companies have economic pressure to get rid of the older, higher paid employee. So raising the age to 70 might mean that people still work until 70 and therby limit job opportunities for new hires. Conversely , if they retire at 65 and can't get SS payments until 70, they may go work at McDonalds, again the young lose out on job opportunities. I think that is why a change in age needs to be done over a long time period.
I also could see eliminating the CAP and aslo apply the SS tax to all income sources besides eaqrned wages.
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steve
old rocket inguneer
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